Sri Lanka is due to settle an International Sovereign Bond (ISB) repayment of US$500 million tomorrow, Tuesday January 18.
There has been a wide debate over the repayment with many economists suggesting that Sri Lanka should default payment and save the dollars for crucial essential imports of crude oil, drugs and food, which is more important than defaulting a debt payment. Central Bank Governor Ajith Nivard Cabraal has categorically said the payment will be made tomorrow.
Popular grade five tuition teacher, Hayeshika Fernando wanted over assaulting a 21 year old youth was granted bail today after she surrendered to courts.
First Bishop of the Batticaloa Diocese, Retired Bishop Joseph Ponnaiya, passed away today at the age of 74, following a brief illness.
A British national had been arrested over attempting to smuggle in the largest haul of kush( drugs) from Thailand, customs said.
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